Why the Pandemic Fund is considering an emergency financing mechanism
By Jenny Lei Ravelo // 28 October 2024
The Pandemic Fund was set up to help build countries’ capacity to prepare, prevent, and respond to future outbreaks. But it quickly realized there’s no such thing as an “interpandemic year.”
“There's always an outbreak … occurring,” including the recent outbreaks of mpox in Africa and Marburg in Rwanda, the Pandemic Fund’s executive head, Priya Basu, said during Devex World 2024.
This is why the fund’s board decided to fast-track some $129 million to support several countries affected by mpox, and is considering an emergency financing mechanism to help with ongoing, new, and future outbreaks.
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About the author
Jenny Lei Ravelo@JennyLeiRavelo
Jenny Lei Ravelo is a Devex Senior Reporter based in Manila. She covers global health, with a particular focus on the World Health Organization, and other development and humanitarian aid trends in Asia Pacific. Prior to Devex, she wrote for ABS-CBN, one of the largest broadcasting networks in the Philippines, and was a copy editor for various international scientific journals. She received her journalism degree from the University of Santo Tomas.
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